Business

Kinder Morgan reports quarterly profit of $170 million

The stock's market cap is $48.38 billion. Indicating how profitable Kinder Morgan , Inc. Kinder Morgan , Inc. (KMI) is an energy infrastructure company in North America. Fairfield Bush & CO. increased its stake in Kinder Morgan by 0.3% in the second quarter. Institutional investors own 54.01% of the company's stock.

Business

United Continental Holdings, Inc. (NYSE:UAL) Valuation According To Analysts

Apart From special items, UAL stated fourth-quarter net income of $562 million, diluted earnings per share of $1.78, pre-tax earnings of $857 million and pre-tax margin of 9.5 percent. 11/10/2016 - United Continental Holdings, Inc . was downgraded to "hold" by analysts at Standpoint Research. The disclosure for this sale can be found here.

Business

Bertelsmann Open to Increasing its Stake in Penguin Random House

The capitulation contrasts with months of optimistic statements by CEO John Fallon about the challenges Pearson faces in the US, where college enrollments and its testing business are down, and textbook sales unexpectedly declined. Preliminary guidance for 2017 was weak due to what the company called an "unprecedented" decline in its North American higher education courseware business.

Business

Carmakers and oil giants form global hydrogen action group

Hydrogen technologies and products have significantly progressed over past years and are now being introduced to the market. The Hydrogen Council's expressed "united vision" and "long term ambition" is to promote the energy source among policymakers, businesses, global agencies, "hydrogen players", - and you, a member of the public.

Business

Bought milk? Deadline to claim share of $52M settlement nears

They settled the case for $52 million after being accused of price-fixing. The amount consumers are entitled to depends on how many people submit their claim, which applies to products like cream, half and half, yogurt, cottage cheese, cream cheese and sour cream.

Business

The Growth Forecast For Wal-Mart Stores, Inc. (NYSE:WMT)

The changes are aimed at making Wal-Mart more customer-focused, Jet founder Marc Lore, who is now the Executive Chairman of Wal-Mart's e-commerce operation, said on Friday in a memo Bloomberg had access. The company reported the earnings of $0.98/Share in the last quarter where the estimated EPS by analysts was $0.96/share. The firm earned $118.20 billion during the quarter, compared to analysts' expectations of $118.69 billion.